Equinix (EQIX) Free Cash Flow (2009 - 2026)
Equinix (EQIX) reported Free Cash Flow of -$511 million for Q2 2026, compared with -$45 million a year earlier.
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Analysis
Equinix (EQIX) Free Cash Flow (2009 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Equinix's Free Cash Flow came in at -$1.46 billion; for FY2025, it was -$400 million.
- By year, Free Cash Flow came in at $183 million in FY2024 (-58.0%), $436 million in FY2023 (-36.4%), $685 million in FY2022 and -$204.31 million in FY2021.
- Five-year quarterly Free Cash Flow spans a low of -$539 million in Q1 2026 and a high of $316.75 million in Q2 2022.
- Per Business Quant data, the three quarters before Q2 2026 came in at -$539 million (Q1 2026), -$292 million (Q4 2025) and -$122 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,961.51 Bn | 3,884.67 Bn | 60.48 Bn | 19.64 Bn |
| 2 | International Business Machines | 215.03 Bn | 165.84 Bn | 9.91 Bn | 2.37 Bn |
| 3 | Cloudflare | 114.69 Bn | 98.22 Bn | 499.52 Mn | 67.60 Mn |
| 4 | Equinix | 98.17 Bn | 86.73 Bn | 1.40 Bn | -511.00 Mn |
| 5 | Nebius | 44.92 Bn | 18.35 Bn | 448.70 Mn | 7.90 Bn |
| 6 | CoreWeave | 36.20 Bn | 23.29 Bn | 1.70 Bn | -5.74 Bn |
| 7 | Verisign | 27.35 Bn | 24.56 Bn | 384.60 Mn | 212.80 Mn |
| 8 | Nutanix | 18.78 Bn | 10.46 Bn | 651.35 Mn | 277.57 Mn |
| 9 | GoDaddy | 13.53 Bn | 9.11 Bn | 828.20 Mn | 437.40 Mn |
| 10 | Akamai Technologies | 13.23 Bn | 6.64 Bn | 613.75 Mn | 181.34 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -511.00 Mn |
| Mar 31, 2026 | -539.00 Mn |
| Dec 31, 2025 | -292.00 Mn |
| Sep 30, 2025 | -122.00 Mn |
| Jun 30, 2025 | -45.00 Mn |
| Mar 31, 2025 | 59.00 Mn |
| Dec 31, 2024 | -6.00 Mn |
| Sep 30, 2024 | 34.00 Mn |
| Jun 30, 2024 | 264.00 Mn |
| Mar 31, 2024 | -109.00 Mn |
| Dec 31, 2023 | 3.00 Mn |
| Sep 30, 2023 | 168.00 Mn |
| Jun 30, 2023 | 103.00 Mn |
| Mar 31, 2023 | 162.00 Mn |
| Dec 31, 2022 | -67.92 Mn |
| Sep 30, 2022 | 267.56 Mn |
| Jun 30, 2022 | 316.75 Mn |
| Mar 31, 2022 | 168.61 Mn |
| Dec 31, 2021 | 74.70 Mn |
| Sep 30, 2021 | -13.53 Mn |
API Access
Equinix Free Cash Flow API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=free-cash-flow&ticker=EQIX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "free-cash-flow", "ticker": "EQIX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=free-cash-flow&ticker=EQIX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();